AAOI
Applied Optoelectronics, Inc.
AAOI lost money over the past year, so it has no meaningful PE right now. Analysts expect earnings to recover and profitability to improve, though they disagree widely on how much.
NNDM
Nano Dimension Ltd.
There isn't enough reported data to score NNDM yet.
AAOI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
AAOI's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
NNDM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
NNDM's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
AAOI PE Valuation
AAOI has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 18x next year's earnings.
NNDM PE Valuation
NNDM has no meaningful PE right now: it lost money over the past year.
AAOI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect AAOI to return to profit, with revenue growing. However, they disagree widely on these estimates.
NNDM Forward outlook
There aren't enough analyst estimates for NNDM to show an outlook.
AAOI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.98 | — |
| Q3 2026 | -$0.42 | +$3.02 |
| Q2 2026 | -$0.77 | +$2.81 |
| Q1 2026 | -$0.65 | +$3.43 |
| Q4 2025 | -$0.64 | +$3.86 |
| Q3 2025 | -$3.44 | -$1.41 |
| Q2 2025 | -$3.58 | -$1.70 |
| Q1 2025 | -$4.08 | -$2.29 |
| Q4 2024 | -$4.50 | -$2.75 |
AAOI has the edge over NNDM on earnings, with more consistent year-over-year improvement.
NNDM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.71 | +$0.51 |
| Q2 2026 | -$0.77 | +$0.26 |
| Q1 2026 | -$1.57 | -$1.17 |
| Q4 2025 | -$1.34 | -$0.90 |
| Q3 2025 | -$1.22 | -$0.81 |
| Q2 2025 | -$1.03 | -$0.41 |
| Q1 2025 | -$0.40 | +$0.05 |
| Q4 2024 | -$0.44 | -$0.23 |
NNDM lost $0.71 per share over the past year, a smaller loss than the year before.
AAOI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $269.9M | +127% |
| Q2 2026 | $191.9M | +86% |
| Q1 2026 | $151.1M | +51% |
| Q4 2025 | $134.3M | +34% |
| Q3 2025 | $118.6M | +82% |
| Q2 2025 | $103M | +138% |
| Q1 2025 | $99.9M | +146% |
| Q4 2024 | $100.3M | +66% |
AAOI has the edge over NNDM on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -0.5% | +15 points |
| Q2 2026 | -13% | +2.6 points |
| Q1 2026 | -8.6% | +0.3 points |
| Q4 2025 | -8.6% | -2.1 points |
| Q3 2025 | -15% | +10 points |
| Q2 2025 | -16% | +45 points |
| Q1 2025 | -8.9% | +44 points |
| Q4 2024 | -6.5% | +1 points |
AAOI has the edge over NNDM on profitability, with a higher operating margin.
NNDM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $31.9M | +19% |
| Q2 2026 | $29M | +12% |
| Q1 2026 | $29.7M | +106% |
| Q4 2025 | $35.3M | +142% |
| Q3 2025 | $26.9M | +81% |
| Q2 2025 | $25.8M | +72% |
| Q1 2025 | $14.4M | +7.8% |
| Q4 2024 | $14.6M | +0.8% |
NNDM's revenue has grown year over year for 10 quarters in a row: $32M last quarter, up 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -122% | -30 points |
| Q2 2026 | -71% | +57 points |
| Q1 2026 | -217% | -138 points |
| Q4 2025 | -62% | +110 points |
| Q3 2025 | -92% | +46 points |
| Q2 2025 | -128% | +14 points |
| Q1 2025 | -79% | +63 points |
| Q4 2024 | -172% | +17 points |
NNDM's operating margin was −122% last quarter, down 30 points from the same quarter a year ago.
AAOI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$369.9M | -$291.2M |
| Q2 2026 | -$265.3M | -$174.4M |
| Q1 2026 | -$143.6M | -$64.3M |
| Q4 2025 | -$104.6M | -$51.6M |
| Q3 2025 | -$78.7M | -$58M |
| Q2 2025 | -$91M | -$86M |
| Q1 2025 | -$79.3M | -$45.1M |
| Q4 2024 | -$53M | -$48.4M |
AAOI has burned cash in almost every quarter: −$883M over the past year, against −$302M the year before.
NNDM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$24.5M | -$145K |
| Q2 2026 | -$23.9M | +$22.2M |
| Q1 2026 | -$7.2M | +$13.4M |
| Q4 2025 | -$11.4M | +$1.6M |
| Q3 2025 | -$24.4M | -$10M |
| Q2 2025 | -$46.1M | -2196% |
| Q1 2025 | -$20.7M | -$6.2M |
| Q4 2024 | -$12.9M | +$16.5M |
NNDM has the edge over AAOI on cash flow, with more consistent year-over-year improvement.
AAOI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +7.7% | +6.3M shares |
| 1 year | +39% | +24.5M shares |
| 3 years | +168% | +55.1M shares |
| 5 years | +224% | +60.7M shares |
| Available history | +340% | +67.9M shares |
AAOI has 88M diluted shares, up 39% from a year ago.
NNDM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.9% | -6.3M shares |
| 1 year | -3.1% | -6.7M shares |
| 3 years | -15% | -37.5M shares |
| 5 years | +22% | +37.4M shares |
NNDM has the edge over AAOI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | $20M |
| Q3 2025 | $5.1M |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | $18.2M |
| Q1 2024 | $51.6M |
AAOI Net Leverage
AAOI's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
NNDM Net Leverage
NNDM's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
AAOI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.1 | Neutral |
| Stochastic | 4.8 | Oversold |
AAOI's weekly RSI is 35 (neutral) and its Stochastic is 5 (oversold).
NNDM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.1 | Neutral |
| Stochastic | 10.8 | Oversold |
NNDM's weekly RSI is 35 (neutral) and its Stochastic is 11 (oversold).
AAOI PE vs Technology Sector
AAOI has no meaningful PE right now: it lost money over the past year.
NNDM PE vs Technology Sector
NNDM has no meaningful PE right now: it lost money over the past year.
AAOI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $80.2 | 34% below |
| 20 week MA | $100.6 | 47% below |
| 50 week MA | $100.3 | 47% below |
| 100 week MA | $62.3 | 15% below |
| 200 week MA | $36.9 | 43% above |
AAOI has the edge over NNDM on trend strength, trading above more of its moving averages.
NNDM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.43 | 12% below |
| 20 week MA | $1.50 | 16% below |
| 50 week MA | $1.63 | 23% below |
| 100 week MA | $1.70 | 26% below |
| 200 week MA | $2.11 | 40% below |
NNDM is in a downtrend: it's below all five of its weekly moving averages, and 40% below its 200-week average.
AAOI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.5 | $8.77 | -24% |
| 2021 | $8.77 | $5.64 | -36% |
| 2022 | $5.64 | $1.95 | -65% |
| 2023 | $1.95 | $19.3 | +891% |
| 2024 | $19.3 | $37.7 | +95% |
| 2025 | $37.7 | $37.2 | -1.5% |
| 2026 YTD | $37.2 | $52.9 | +42% |
AAOI has the edge over NNDM on returns for 2026, with the stronger performance.
NNDM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.45 | $8.81 | +260% |
| 2021 | $8.81 | $4.11 | -53% |
| 2022 | $4.11 | $2.41 | -41% |
| 2023 | $2.41 | $2.40 | -0.4% |
| 2024 | $2.40 | $2.57 | +7.1% |
| 2025 | $2.57 | $1.61 | -37% |
| 2026 YTD | $1.61 | $1.26 | -22% |
NNDM's yearly returns have swung widely, from +260% in 2020 to −53% in 2021. It's down 22% so far in 2026.